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Why would anyone buy stocks if companies didn't do buybacks or issue dividends? The whole purpose of stocks is to be financially rewarded for investing capital.
by jaredklewis 2y ago
Why would anyone buy stocks if companies didn't do buybacks or issue dividends? The whole purpose of stocks is to be financially rewarded for investing capital.
Like if you just don't like stock markets or capitalism in general, that's fine, but that doesn't have anything to do with stock buybacks.
- honkycat 2y agomy issue with stock buybacks is that clearly corners were cut elsewhere while the company was hollowed out. And they get away with it because Uncle Sam is just going to show up with a new check next year. Same with Boeing. Miserable failure of a company, somehow found room to hand the owners massive amounts of money, meanwhile they have massive quality issues.